Infinity Economics is rolling out smart contracts feature

Infinity Economics is to release smart contracts feature on its platform on May 5 that will symbolize the end of the Core update cycle
03 April 2018   170

Earlier in March Infinity Foundation has released a Feature Roadmap along with the Core update. The roadmap is significant as it tracks the height of its blockchain and upon reaching a certain height a new feature (crowdsourcing, escrow service) is automatically activated for the community. The final step of the roadmap is set to Smart Contracts feature. The height is set at 695,640th block.

According to the project's whitepaper, smart contracts are deemed one of the most promising applications of the blockchain technology. As a bright example, Atomic Cross Chain transactions enable truly decentralized trading between cryptocurrencies. Potentially, it allows a trader to exchange a token for a coin with a mixing service for the sake of privacy and send the coin to a new wallet.

Another application that IEP is eyeing is smart auction. Participants could send money to the contract, and every time a larger bid arrives, the previous gets automatically refunded. Among other applications are autonomous corporations,  gambling, self-mixing and smart properties.

As of the moment of publication, Infinity Economics market parameters are as follows

Average price: $0.013351

Volume (24H): $187,074

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   37

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.